by Market Harmony » Fri Aug 19, 2011 9:07 am
I can't really point to one coin and say it's my favorite. I've got a little bit of nostalgia and imagination to me, so I like the old stuff from around the time period of the Calif. Gold Rush, civil war, and the wild west... basically, the 1850's to 90's.
Within this range of time, one of my favorite pieces is an 1884-CC $20 Liberty, graded AU50 by PCGS. Being that it is from the Carson City Mint, then there is a strong possibility that it was used in the Old Wild West for some kind of commercial activity... whether it be pure or not. $20 got a lot in those days... the equivalent of about $2000 in today's terms. And this coin has been circulated, so I know it has seen some action. To imagine what the coin may have purchased, or who could have held it in their hand makes me attracted to this coin. I'll have to pull it out and show a picture of it, but other than the CC mintmark, it just looks like a regular old $20 liberty.
Another coin that comes to mind is actually not a US coin, but was used in California commerce during the time after the gold rush. It is a privately minted .25 Indian Head gold piece... made from California gold, and intended to help to fill the coin and currency shortage during the time. It was much easier and fairer to pay with a coin than it was with an unknown quantity of gold dust, pinched between the fingers of a greedy bartender. Private mints sprung up and produced these gold tokens for trade. I have an uncirculated example from 1875, PCGS MS62. This coin has a total population of less than 900 pieces. This one is worth a picture, and I'll post it up at another time.
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